The FSD group through its subsidiary SMOM chose Tanger Free Zone to establish its first factory in Africa and Middle East. With an area of 6,000 m², with a total investment of 9 MEUR, it will create 150 skilled jobs.

SMOM is a major player in the field of design and production of progressive cutting press tools, it is one of the six pioneering professions identified in the framework of the 2014-2020 PAI automobile ecosystems.

SMOM Group, achieved a turnover of 30 MEUR in 2017. The company employs 400 persons worldwide.